Hungarys home sales rise 20% y/y in Jan-Aug 2012.

By bne IntelliNews September 4, 2012
The number of home sales in Hungary grew by 20% y/y to 67,938 in January to August 2012, according to data from real estate agency Duna House. Home sales reached a three-year high in January 2012, as Hungarians rushed to join a government scheme allowing them to repay early foreign exchange mortgages at exchange rates far below market rates. In August alone, home sales were down 8% on the year at 7,379. Duna House expects home sales to climb to some 110,000 this year, which would be the highest since 2008. The number of home sales in Hungary edged down by 2.9% y/y to 87,700 in full-2011.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss